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| ERP stands for enterprise resource planning, which helps business owners and managers plan for the future of their businesses. Enterprise resource planning uses sales, marketing, planning, and manufacturing information to help business owners make decisions that will impact the future of their companies. Because ERP is now used so widely, there are several software programs available that help users gather and analyze data to make the planning process run more smoothly. Small businesses and sole proprietorships may not benefit greatly from ERP. Instead, ERP is most often used by larger businesses and corporations that do a high volume of business and need information to help them plan ahead. ERP now also includes information on a company’s financials, human resources, and customer service data to make it an even more useful planning tool. |
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